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6925 Whitsett Ave 6 Unit Apartment Building $2,098,382 CAD ($349,730 CAD/Unit) 6.11% Cap Rate North Hollywood, CA 91605



Executive Summary
Six-unit multifamily investment opportunity in North Hollywood offering significant rental upside and two vacant units. Unit mix consists of (2) 1 bedroom 1 bath units, (2) 2 bedroom 1 bath units and (2) 3 bedroom 2 bath units. The building contains approximately 5,278 square feet and is situated on an approximately 7,635-square-foot lot, with each unit separately metered for gas and electricity. Recent improvements include new interior and exterior electrical panels and a new garage carport roof. The property is conveniently located near the 170, 101, and 5 freeways. Two vacant units and potential to increase rents, the property presents an attractive opportunity for an investor seeking immediate leasing flexibility and long-term value creation. Information has been obtained from sources believed to be reliable; however, no representations or warranties, expressed or implied, are made regarding its accuracy. Square footage, lot size, unit details, and property age are approximate, and the buyer is responsible for independently verifying all information.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$192,198
|
$36.41
|
| Other Income |
$2,105
|
$0.40
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$194,303
|
$36.81
|
| Taxes |
$26,229
|
$4.97
|
| Operating Expenses |
$39,802
|
$7.54
|
| Total Expenses |
$66,031
|
$12.51
|
| Net Operating Income |
$128,272
|
$24.30
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $192,198 |
| Annual Per SF | $36.41 |
| Other Income (CAD) | |
|---|---|
| Annual | $2,105 |
| Annual Per SF | $0.40 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $194,303 |
| Annual Per SF | $36.81 |
| Taxes (CAD) | |
|---|---|
| Annual | $26,229 |
| Annual Per SF | $4.97 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $39,802 |
| Annual Per SF | $7.54 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $66,031 |
| Annual Per SF | $12.51 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $128,272 |
| Annual Per SF | $24.30 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 1+1 | 2 | - | - |
| 3+2 | 2 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2324-030-036 | Total Assessment | $1,873,340 CAD |
| Land Assessment | $1,124,006 CAD | Annual Taxes | $26,229 CAD ($4.97 CAD/SF) |
| Improvements Assessment | $749,334 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
2324-030-036
Land Assessment
$1,124,006 CAD
Improvements Assessment
$749,334 CAD
Total Assessment
$1,873,340 CAD
Annual Taxes
$26,229 CAD ($4.97 CAD/SF)
Tax Year
2025
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Presented by
PWR Property Group Inc
6925 Whitsett Ave
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